UAC appoints executive director, chief financial officer

The Board of UAC of Nigeria PLC (UAC) has appointed Mrs. Omolara Elemide as Executive Director, Corporate Services with effect from 1st January 2018. 

Mrs Elemide, erstwhile Managing Director of Chemical and Allied Products PLC, a subsidiary of UACN, succeeds Mr. Joe Dada, who retired from the UACN Board effective 31st December 2017, having served the Company meritoriously for 34 years. 

The Company also announced the appointment of Mrs. Adeniun Taiwo as Chief Financial Officer, UAC PLC. Mrs Taiwo was until her appointment, the Finance Director of UACN Property Development Company PLC (UPDC).

 Mrs Elemide was born in May 1960 and is a Fellow of the Institute of Chartered Accountants of Nigeria. She attended Kwara State College of Technology where she obtained the Higher National Diploma in Accountancy in 1981.

 Mrs Elemide joined UAC  in October 1983 and has worked in various capacities within the UAC Group including Group Audit Manager and Finance Director of UACN Property Development Company Plc from where she joined the Board of CAP Plc as Finance Director/Company Secretary in February 2005, a position she held until May 2009, when she was appointed the Managing Director of the company. 

 The new chief financial officer, Mrs Taiwo was born in August 1974 and is a Fellow of the Institute of Chartered Accountants of Nigeria, with a professional certificate in IFRS from ACCA, and a Higher National Diploma in Accountancy from The Federal Polytechnic, Ilaro.

Prior to joining UAC in 2012, she had worked in KPMG Nigeria for 13 years where she rose to become a Senior Manager in Accounting Advisory Function and Internal Audit, Risk and Compliance. 

She was appointed Head, Financial Services of UAC of Nigeria PLC  in August 2012 and subsequently, as Finance Director, UACN Property Development Company PLC in April 2016. She is an alumna of Ashridge Business School.